Insider: Stablecoin infrastructure Zerohash will raise $100 million at a valuation of $1 billion

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On July 12th, according to Fortune citing informed sources, Zerohash, a cryptocurrency and stablecoin infrastructure startup, is about to complete a financing round of approximately $100 million, with a valuation close to $1 billion. Interactive Brokers is leading this investment round.

It is reported that Zerohash provides backend infrastructure support for digital assets such as cryptocurrencies and Non-Fungible Tokens for banks, brokers, and fintech companies, and has become an important participant in the stablecoin field. Its core business includes collaborating with Stripe to enable fiat-stablecoin conversion through banking networks and regulatory licenses. It assists traditional financial institutions like BlackRock and Franklin Templeton in participating in tokenization competition and provides stablecoin conversion services for clients such as prediction market Kalshi and digital bank MoneyLion.

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